1. An esteemed FMCG client has awarded a brand rejuvenation project to your firm.

The
project elements are examined and the third element (on-line campaign design) is broken
down to 10 activities. Various estimated time of completion for each activity (in days) are
tabulated below.

Time of completion in days

Most Most Most
Pessimistic Probabl optimistic
Activities Predecessor Time e Time Time
1-2 None 3.6 3 1.4
1-3 None 3.2 2.5 1.8
1-4 None 5.3 3.5 2.7
2-3 1-2 4.8 2.5 2.2
2-5 1-2 8 6 3
3-5 1-3, 2-3 7 5 4
3-6 1-3, 2-3 6 4 1
4-6 1-4 6 3.5 2.6
4-7 1-4 7 5 3
5-6 2-5, 3-5 6 4 3
5-7 2-5, 3-5 10 8.2 7
6-7 3-6, 4-6, 5-6 6.8 4 2.2

a) Draw a network diagram for this project element and identify the critical path.
b) Calculate the expected time of completion of the project and the corresponding
variance and standard deviation.
c) What is the probability that the project can be finished 1.1 days prior and 1.5 days
later than the mean expected project completion time?